TXT Options History — March 2022

In March 2022, TXT traded between $67.92 and $75.80. ATM implied volatility averaged 34.1%, placing in the 48.3% IV rank vs the trailing year. The 30-day expected move averaged 10.6%. IV traded below realized volatility by 1.2% (HV 20d: 35.3%). Max pain ranged from $40.00 to $75.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 14 of 23 days. Put/call ratio averaged 0.78.

Notable Days

  • 2022-03-11: Highest Volume — 3,398 contracts
  • 2022-03-07: Largest IV spike — 16.1% change
  • 2022-03-07: Highest IV Rank — 95.9%
  • 2022-03-07: Largest Expected Move — 14.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$72.69$67.92$75.80$70.94$74.95
Max Pain$68.18$40.00$75.00$65.00$70.00
ATM IV34.1%26.6%49.3%42.3%26.6%
Expected Move10.6%9.0%14.1%12.1%9.0%
HV 20d35.3%28.8%39.5%33.7%28.8%
HV 60d32.1%30.5%33.0%30.5%32.0%
IV Rank48.3%24.9%95.9%73.8%24.9%
IV Percentile60.7%12.7%99.6%98.0%12.7%
Term Structure1.2%-5.1%5.3%-5.1%5.3%
VWIV37.8%31.5%52.3%47.3%33.2%
Skew 25d5.9%1.6%10.4%7.1%4.5%
Skew 10d12.4%3.1%27.7%14.7%11.1%
Call IV 25d32.3%25.0%40.6%39.8%27.4%
Put IV 25d38.3%30.3%49.4%46.9%31.9%
Bid-Ask Spread %70.0252.8190.9579.4471.92
Gamma HHI0.400.280.840.410.30
Net GEX1.2M574.7K4.9M1.1M817.5K
Net DEX-16.4M-33.2M-7.6M-16.5M-15.1M
Net VEX-91.6K-111.2K-68.2K-84.1K-103.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.780.172.342.240.26
Total Volume1,504.2175383,398981748
Total OI12,733.1749,04117,28313,2549,685

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2022-03-01$70.94$65.0042.3%12.1%33.7%73.8%47.3%7.1%-5.1%1.1M-16.5M-84.1K2.2479.443036789,8633,391
2022-03-02$73.62$65.0036.3%10.4%35.6%55.2%38.3%7.1%0.1%1.5M-24.0M-85.3K0.4476.404001779,9343,393
2022-03-03$72.11$65.0038.1%10.9%36.3%60.9%37.2%6.8%2.3%1.3M-19.4M-78.3K0.3380.445221739,9923,403
2022-03-04$70.75$65.0042.5%12.2%35.6%74.5%41.0%5.6%-1.2%1.1M-15.2M-77.1K0.2077.6688517510,1203,404
2022-03-07$68.28$65.0049.3%14.1%37.9%95.9%52.0%6.6%-3.4%703.8K-9.1M-70.3K0.4377.164561959,9023,424
2022-03-08$67.92$65.0041.4%13.3%37.9%71.2%52.3%10.4%-2.2%629.6K-7.6M-68.2K0.5781.913431959,8703,426
2022-03-09$70.52$65.0038.0%12.7%39.5%60.4%43.8%5.5%-0.1%892.5K-12.9M-68.8K0.4685.311,4756759,8103,432
2022-03-10$69.39$65.0037.2%12.1%36.8%58.1%39.2%8.0%-0.3%653.6K-9.8M-79.5K0.2780.572,61871710,8723,930
2022-03-11$69.46$65.0036.6%11.9%36.4%56.1%38.5%7.5%-0.3%686.6K-12.7M-85.5K0.2690.952,70369511,3043,940
2022-03-14$69.66$70.0037.4%10.5%36.1%58.5%39.3%7.1%-0.6%951.6K-14.0M-86.0K1.4852.8164195012,4133,942
2022-03-15$71.77$70.0037.2%10.3%37.2%57.9%34.9%6.6%-1.5%1.4M-20.6M-88.0K2.2359.855881,31012,4904,169
2022-03-16$73.03$70.0031.6%9.6%36.7%40.5%33.2%6.4%1.8%2.1M-23.3M-84.7K2.3467.255361,25612,4714,695
2022-03-17$75.05$0.0030.9%9.9%36.9%38.3%38.3%7.5%3.1%3.1M-32.6M-87.2K2.0376.821,0462,12012,4574,696
2022-03-18$75.52$40.0028.0%9.5%35.4%29.1%35.4%7.6%3.9%4.9M-33.2M-96.7K1.3564.211,4001,89711,8425,441
2022-03-21$74.62$75.0032.2%9.3%35.6%42.3%34.5%2.3%1.6%574.7K-13.7M-109.1K1.1865.871,0851,2855,2963,745
2022-03-22$75.22$75.0029.3%9.5%34.3%33.4%34.0%5.1%2.2%649.6K-14.5M-108.4K0.1958.481,2272385,3693,758
2022-03-23$73.83$75.0029.9%9.1%35.2%35.3%32.6%4.8%2.2%604.6K-11.8M-110.1K0.1752.971,1391885,5153,885
2022-03-24$74.56$75.0027.3%9.0%35.2%27.0%31.5%4.3%4.7%681.9K-12.8M-111.2K0.3165.115361685,5293,906
2022-03-25$74.96$75.0028.2%9.7%34.2%29.8%32.7%4.7%4.4%677.7K-14.5M-109.7K0.3060.775551695,5763,908
2022-03-28$74.62$75.0028.4%9.1%33.6%30.5%33.1%1.6%3.4%704.2K-13.6M-107.1K0.3255.144931565,5853,913
2022-03-29$75.80$75.0028.1%9.3%32.3%29.5%33.5%5.9%4.1%761.7K-16.2M-104.6K0.2767.975741535,6063,915
2022-03-30$75.19$70.0027.3%9.0%29.9%27.0%33.6%3.6%3.9%798.7K-15.1M-104.9K0.3061.565791755,7173,929
2022-03-31$74.95$70.0026.6%9.0%28.8%24.9%33.2%4.5%5.3%817.5K-15.1M-103.2K0.2671.925961525,7353,950